Yum! Brands completes Pizza Hut sale
The company sold the global Pizza Hut business excluding China to LongRange Capital for approximately $1.5 billion, marking a key milestone in its strategic evolution.
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Global restaurant franchisor and operator
yum.comLast updated
In short: Yum! sold Pizza Hut's international operations for $2.7 billion and addressed a major food safety crisis involving its Taco Bell brand.
The company sold the global Pizza Hut business excluding China to LongRange Capital for approximately $1.5 billion, marking a key milestone in its strategic evolution.
The $1.2 billion deal is one half of a $2.7 billion total for Pizza Hut. A separate sale to LongRange Capital for regions outside Mainland China is pending.
The company shares quarterly financial performance data through a visual infographic for the second quarter of 2026.
Taco Bell achieved 7% same-store sales, KFC opened 660 new units, and digital sales approached $9 billion.
The outbreak, which was due to contaminated lettuce, resulted in 570 hospitalizations and two deaths...
Yum Brands said in an regulatory filing on Tuesday that Aaron Powell, the chief executive of Pizza Hut, has resigned from the role and other...
Private equity firm LongRange Capital completes its $1.5 billion acquisition of Pizza Hut while GE wins a hypersonic testing contract.
Yum! Brands sold Pizza Hut outside Mainland China for about $1.5 billion and launched a $4 billion...
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